Report
Nicolas David

Assystem : Reprise très rapide du nucléaire tandis qu’Expleo est en difficulté

>T2 meilleur qu’attendu, grâce au rebond rapide du nucléaire - Assystem a publié hier soir après Bourse un CA T2 2020 de 106.6 M€, en recul de 12% y/y en données publiées et de 14% org., nettement supérieur à nos attentes (ODDO BHF : 93.0 M€ ; -26% org.). L’écart de croissance par rapport au T1 20 est de 8 pt (-5%). L’effet de la pandémie a finalement été relativement modéré sur les activités Nucléaire, qui ne chutent que de 10% org. (vs -5% au T1 et ODDO BHF : -33%)...
Underlying
Assystem SA

Assystem SA is a France-based company that is principally engaged in engineering and innovation consultancy. The Company offers solutions within a number of sectors, such as Aerospace, Defence, Energy, Nuclear, Life Sciences, Infrastructure, Automotive and Transport. The Company develops the infrastructural engineering and externalized R&D services. It's activities include managing infrastructural investments, from conception to dismantling; aerospace mechanical engineering, providing technical services to aerospace, engine and automotive manufacturers and technology & product engineering, providing services in transport, defense, product hardware and software development. The Company is present Europe, North America and Asia. The main shareholder of the Company is HDL Developpement SAS. It operates through Onyx Promavi, Batir Group, Edison Technical Recruitment Ltd, Radicon Gulf Consult, Engineering Partner Automotive Nordic AB and The Biotech Quality Group, among others.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Nicolas David

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